Transportation industry

Three members of Illinois' congressional delegation are calling on the Federal Aviation Administration to complete a new environmental impact study and hold new public hearings on Chicago's $8 billion runway expansion.

Public distrust and confusion over public-private partnerships along with the lack of creative thinking on the technology front are among the constraints Chicago confronts as it looks to address its infrastructure needs, said panelists at a forum.

The Texas Transportation Commission increased the size of its general obligation mobility-fund refunding bond sale on Thursday because demand for municipals jumped as the market strengthened, according to investors.

Watchdog group advises lawmakers to avoid bookkeeping gimmicks in resolving the multi-billion shortfall in the Highway Trust Fund.

Moody's Investors Service said it has affirmed the A1 rating of the Denver (city and county of) airport enterprise $3.72 billion airport system revenue bonds and the a2 rating of the $719 million subordinate revenue bonds.

Senators Chris Murphy and Bob Corker have joined forces in a push for higher federal gas taxes to fund highway projects.

The North Carolina General Assembly passed a bill clarifying that a regional commission should operate Charlotte Douglas International Airport.

Airports want to double the federal passenger facility fee of $4.50 per head, but airlines see no need for the increase.

With workforce reductions and lower gas tax revenues, the Oregon Department of Transportation will be challenged, according to a recent audit.

Standard & Poor's raised its various ratings on New York's MTA, including an elevation of its transportation revenue bonds to AA-minus from A-plus.

Moody's Investors Service has lowered its ratings on $8.5 billion of state and transit agency stand-alone grant anticipation revenue vehicle bonds supported by dwindling revenues from the Highway Trust Fund.

A positive outlook from Fitch Ratings on E-470 Public Highway Authority signals a possible upgrade on the tollway's BBB-minus credit.

The Securities and Exchange Commission's investigation of the Port Authority of New York and New Jersey must determine if investors needed to know about $1.8 billion of controversial spending, securities law experts said. Others said any SEC enforcement action would not be a fix for the authority's problems.

Foreign equity investment interest in U.S. public-private partnerships at all-time level, a House P3 panel was told.

Texas is preparing to pour $1.85 billion into the bond market with issues from three state agencies in June.

President Obama's four-year, $302 billion transportation funding bill, introduced in the House by a bipartisan pair of representatives, is not expected to gain traction in the Republican-controlled chamber.

A swift-moving "glitch" bill is moving quickly in the North Carolina General Assembly to clarify the governance of the Charlotte Douglas International Airport.

More than 50% of Americans would support an increase in the federal gasoline tax if the revenues are dedicated to highways and mass transit, AAA survey says.

The Des Moines Airport Authority Board approved a long-term site plan that calls for construction of a new, $468 million partially bond-financed terminal but officials still need to identify $200 million in financing.

California's plan to build a $68 billion high speed rail system in the state is being challenged by two counties and a city, which say the plan violates the state's environmental laws.